PYMNTS

AUGUST 28, 2019

Forget millennials – well, at least for a moment. So-called Generation Z is also driving much of the innovation when it comes to retail. To reach consumers on the hunt for offerings that are “clean and natural,” the retail chain rolled out its Everspring household brand. Take Target, for instance. Fast Fashion.

Retail 148

Retail Trends Millennials Survey 148

PYMNTS

NOVEMBER 15, 2019

28, which is six days later than last year — meaning retailers have a whole week less to sell during the holidays. What does this mean for retailers heading into the holiday shopping season? Smartphones are continuing to gain importance as a shopping tool. Retailer App Trends. That’s even with a shorter shopping season.

Retail 128

Retail Mobile Millennials Tools 128

PYMNTS

NOVEMBER 15, 2019

28, which is six days later than last year — meaning retailers have a whole week less to sell during the holidays. What does this mean for retailers heading into the holiday shopping season? Smartphones are continuing to gain importance as a shopping tool. Retailer App Trends. That’s even with a shorter shopping season.

Retail 124

Retail Mobile Millennials Tools 124

PYMNTS

JANUARY 27, 2021

The pandemic has upended many consumers’ financial lives and typical purchasing behaviors, leading them to reconsider their go-to payment tools. Even consumers who are feeling more financially secure may want to tap new tools to help them maintain their good financial standings and stay in control of their budgets.

Tools 131

Tools Payments Millennials Survey 131

PYMNTS

FEBRUARY 25, 2020

And in subscriptions, eCommerce innovators such as The Tool Chest are curating a selection of supplies and tools to help consumers with their home improvement projects. 73 percent: Share of millennials who are doing DIY home improvement. All this, Today in Data.

Retail 130

Retail Millennials Tools Innovation 130

PYMNTS

JANUARY 14, 2021

This means consumers are turning more to digital tools, but unlocking and embracing the potential benefits of these tools has not been easy. Rich media content such as on-demand video, meanwhile, is an appealing tool for accessing relevant, targeted information for nearly half of consumers.

Video 224

Video social media Millennials Data 224

PYMNTS

JUNE 29, 2018

That bet could complicate, in a positive way, some of the general ideas out there about the preferences of millennial consumers. The integration of such tools is designed with those millennials in mind, part of the company’s effort to gain more revenue from a new generation of drivers. Winning Millennial Loyalty.

Millennials 101

Millennials social media Branding Marketing 101

PYMNTS

SEPTEMBER 8, 2016

Maybe millennials really are a self-centered bunch? adults in June of this year to examine the shift in gift card consumers to prepaid and rechargeable cards issued directly from retailers. Retailer-specific cards are now the most popular types of gift cards, too, with 45 percent of U.S.

Millennials 100

Millennials Cards Retail Survey 100

PYMNTS

DECEMBER 6, 2019

We have a deep dive into Colorado’s digital driver’s license effort and news on Alphabet’s new CEO, as well as data on millennial Black Friday spending. Millennials Were Black Friday’s Big Spenders in 2019. Millennials were the big Black Friday spenders , shelling out an average of $509.50 Top News . operations.

Millennials 101

Millennials Colorado Google Leadership 101

PYMNTS

MAY 26, 2017

Millennials are never, ever going to buy homes. Why millennials are never going to buy homes is more of a jump ball. According to the National Federation of Retailers, 81 percent of millennials report at least aspiring to homeowners as hip, even if they aren’t there yet. Data, according to Zillow, adds stability.

Millennials 109

Millennials Marketing Data Taxes 109

PYMNTS

NOVEMBER 5, 2018

Those promise to stand as two main traits of the 2018 holiday shopping season , and retailers that gain an edge and increase revenue during the all-important fourth quarter will likely have exploited such tactics during this period, at least according to new data that strives to paint a detailed picture of U.S. percent, reaching $124.1

Retail 179

Retail United States Millennials Study 179

PYMNTS

MARCH 4, 2020

That’s one of the conclusions drawn from a new report on customer loyalty from Merkle, and it holds some clues for retailers looking to improve the recency and frequency of customer visits and purchases. “To That means embracing the tools and platforms that consumers, particularly the Bridge Millennials, use on their paths to purchase.”.

Retail 131

Retail Branding Report Tools 131

PYMNTS

FEBRUARY 17, 2020

The firm completed the first phase of its transformation in 2014, allowing it to use real-time analytics and IT tools to create dynamic pricing models and enable online and mobile app transactions. Those using hard currency can order tickets online and pay for them upon pickup at brick-and-mortar retailers.

Security 141

Security Tools Fraud System 141

PYMNTS

MARCH 1, 2018

The project also offers financial literacy tools and promotes smart city initiatives in urban communities. Can a cash back program help millennials avoid the debt trap? As it turns out, millennials are more afraid of debt than of death. As such, this generation is driving a greater issuance of debit cards than credit cards.

Millennials 102

Millennials Trends Cards ATM 102

PYMNTS

JANUARY 18, 2017

While personalization can bring in customers, it turns out many retailers don’t venture into that personalization realm at all. However, 64 percent say they do use marketing technology to support the retailers’ personalization efforts. At the same time, personalization is a touchy subject.

Retail 100

Retail Millennials Study Technology 100

PYMNTS

NOVEMBER 6, 2019

Venmo has also been adding features to differentiate itself, such as rolling out a cash-back rewards program for its Venmo Mastercard debit card at certain retailers, as announced in a press release. Venmo Rewards is now offering 5 percent cash back at Target, Sephora, Chevron and Papa John’s, and 4 percent cash back at other retailers.

Millennials 107

Millennials Payments Cards Survey 107

PYMNTS

MARCH 2, 2020

s most high-profile retailers is doing well in the U.S. and another one is ready to open, both of them seeking a new market as their home turf sees retail struggles. s fastest growing brick-and-mortar retailer, Wren Kitchens. And also in training our retail staff to offer the customer a fantastic service.”. In the U.K.,

Retail 132

Retail Marketing US Connecticut 132

PYMNTS

JANUARY 19, 2021

Researchers found that FIs offering “innovative options such as interactive and contextually relevant video content stand to improve engagement and customer experience, especially among younger generations like bridge millennials and millennials.”. There’s a reason that bank apps and websites ask, “was this information helpful?”.

Study 196

Study social media Millennials Retail 196

PYMNTS

MARCH 31, 2020

While the online car sales business has struggled like most non-essential retailers amid the coronavirus pandemic, there are signs of life, according to new research from automotive digital solutions provider Cars.com. The company released the research on the heels of a millennial survey. automotive industry.

Online 141

Online Millennials Survey Tools 141

PYMNTS

JANUARY 16, 2020

Convenience is key in the retail sector, especially in eCommerce, where merchants with frustrating or complicated online shopping processes can easily lose customers. Avoiding such an exodus means retailers must be flexible when developing the tools consumers use to make purchases. How Millennials Are Driving BNPL Growth.

Millennials 130

Millennials Mobile Retail Branding 130

PYMNTS

OCTOBER 6, 2020

“With the busy holiday season upon us, we are proud to offer a truly multi-channel payment solution that has proven to bring new customers and increased sales to our retail partners,” Afterpay Global Chief Revenue Officer Melissa Davis said in the announcement.

Millennials 200

Millennials Retail United States National 200

PYMNTS

JUNE 26, 2017

It seems that most every industry these days is vying for millennial dollars and devotion. For an industry where millennials are projected to spend nearly $800 billion in 2017 (that’s 7 percent more on monthly food budgets than average Americans), restaurants are hankering to pull out all the stops to get millennials to order — in or out.

Millennials 125

Millennials Mobile User Experience Survey 125

PYMNTS

JUNE 16, 2016

A lot of fuss is made over millennials and their proclivities toward things being easy. So, when it comes to something like digital banking , it’s not so much about finding what’s easy as it is about finding what service best meets millennials’ needs. Millennials to big banks: No thanks ….

Millennials 100

Millennials Mobile Digital Banking US 100

PYMNTS

MARCH 13, 2020

Recent data shows that while millennial and Generation Z consumer groups certainly consider themselves to be digital shoppers — nearly 86 percent of millennials consider that to be the case, according to one recent report — large percentages of them still head to physical stores on a regular basis to shop.

Strategy 179

Strategy Millennials Retail Mobile 179

PYMNTS

JANUARY 12, 2021

Consumers are becoming more familiar with digital technologies and are expecting swifter disbursement methods in other areas of their lives, such as for P2P or retail-related payments. adopt digital disbursement tools. Instant Payments and the Millennial Push.

Millennials 239

Millennials Payments Lending Study 239

PYMNTS

FEBRUARY 7, 2020

The no-interest, no-fee nature of these solutions intrigues consumers — especially the millennial and Generation Z demographics — searching for alternative payment methods that can grant them further flexibility and convenience while shopping. Around The Buy Now, Pay Later World. How BNPL Solutions Could Slow Cart Abandonment.

Industry 167

Industry Millennials Retail Mobile 167

PYMNTS

FEBRUARY 11, 2020

They may spend hours browsing retailers’ online or mobile websites, only to abandon the items placed in their carts — the digital equivalent to window shopping. Cost is a major concern for consumers, especially for millennials and members of Gen Z, who tend to view spending differently than older generations.

Millennials 130

Millennials Retail Mobile Online 130

PYMNTS

DECEMBER 8, 2016

Between the Instagram selfies, Twitter hashtags and Facebook posts, millennials seem to overshare. The more information that’s asked of them, the less likely it is that [millennials] will finish the application,” said Johnny Ayers, cofounder of Socure. “The It’s All About The Use Case . And they need customer data — at least some.

Millennials 100

Millennials Data social media Technology 100

PYMNTS

DECEMBER 26, 2018

It has been a busy year in the world of mobile commerce, particularly with retail apps. Below, PYMNTS rounds up the top trends of the year and sheds light on how retailers are tapping into mobile apps to make the shopping experience more convenient and less time consuming for shoppers. Apps As Mobile Ordering Tools.

Retail 136

Retail Mobile Miami Dallas 136

PYMNTS

JULY 25, 2018

What kills consumers in the kitchen and often saps their will to cook entirely, she noted, is clutter – too many tools that go underused and just make the space more chaotic and harder to control. What customers actually need, according to Byun, is fewer tools that do more jobs and work a lot better.

Millennials 100

Millennials Tools Examples US 100

PYMNTS

JULY 15, 2020

Consumers were already changing their retail preferences before anyone had heard of COVID-19, let alone had their life utterly upended by it. This vastly accelerated retail realignment presents challenges — and opportunities — for retailers of all kinds, particularly those dealing in luxury goods, Molnar said.

US 206

US Retail Millennials Trends 206

PYMNTS

JANUARY 25, 2021

These plans fund retail purchases that consumers can then pay off over time in typically four installments. Consumers who do not qualify for credit cards or become reluctant to use those tools may see BNPL plans as a convenient alternative method for deferring payments. Around The Buy Now, Pay Later Space.

Payments 185

Payments Tools Retail Cards 185

PYMNTS

AUGUST 26, 2019

From a ride-hailing company expanding into Vietnam to Visa implementing new tools to fight fraud, today’s payments news runs the gamut. Kohl’s to Tap Into Facebook Data to Create Millennial Clothing Line. Kohl’s has teamed up with Facebook to create a curated clothing line aimed at capturing millennial dollars.

US 109

US Millennials cryptocurrency Fraud 109

PYMNTS

MAY 5, 2020

With the retail industry sliding into Mother’s Day in just a week, the return issue is bound to raise its head. Some stats around the issue show just how substantial it is for retailers. And if a retailer charges too much (or charges at all) 57 percent of millennials will bail on future business. Now add a pandemic.

Policies 185

Policies Retail Study Washington 185

Bank Innovation

MAY 16, 2019

KOHO, with its millennial friendly aesthetic and messaging, currently offers its users debit cards, personal finance management tools and cashback features. KOHO, a Toronto-based digital banking startup, has raised C$42 million (US$31 million) in a Series B round to add new products and services.

Millennials 186

Millennials Digital Banking Tools Innovation 186

Bank Innovation

AUGUST 12, 2019

The Royal Bank of Canada is giving its app a millennial makeover and branding the new offering RBC Mobile Student Edition. The new app features include financial literacy tools and […]. For customers under 22 years of age, they can opt to download a student version of the app with an interface designed for younger customers.

Millennials 170

Millennials Tools Branding Mobile 170

PYMNTS

SEPTEMBER 23, 2020

The new funding is an outcropping of the Series G round unveiled in August for the firm, which is said to have helped millennials become interested in trading. Trading FinTech Robinhood Markets Inc. has grown the size of its newest investment round to $660 million, Fox Business reported, citing a representative from the firm.

Arizona 178

Arizona Customer Experience Texas Millennials 178